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Pros and Cons of globalization

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Opponents to globallization, like your colleague, complain that the benefits of globallization are not being shared fairly. Specifically that globalization does not necessarily "help" people in developing countries. Opponents also fear it homogenizes the world as it destroys diversity of cultures and language. Discuss both the pros and cons of globalization. You should thoroughly discuss the impact that globalization has on the host countries, their economy, the way of life, etc.

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Solution Summary

The solution discusses the advantages and disadvantages of globalization.

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Every country has its own culture and that reflects the uniqueness of the people, society, institutions, values, beliefs and way of doing things. Therefore the process of Globalization which has tendency to create common standards, homogeneity has impact on the country. Every ...

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